Online Credit Card Spending Surges During Festive Season in India
As festive sales unfold across India, a remarkable trend in online spending using credit cards has taken center stage. According to recent reports, credit card users spent a staggering ₹1,15,168 crore online in September 2024, which constitutes 65.4% of the…
Zomato Launches District App for Movies, Events, and Dining Out
In a significant move to expand its footprint in the going-out segment, Zomato has officially launched its new app, District. This app is designed to cater to various entertainment needs, including movie bookings, live event tickets, and dining out reservations….
Tech Entrepreneur Sentenced for Bitcoin Theft: A Landmark Case in Cryptocurrency Crime
Ilya Lichtenstein, a tech entrepreneur from New York, has recently been sentenced to five years in prison for laundering stolen cryptocurrency from Bitfinex, one of the world’s largest cryptocurrency exchanges. This legal outcome marks a significant moment in the fight…
La Vanguardia Cuts Ties with X Over Toxic Content: A Turning Point for Media Responsibility
In a significant move reflecting growing concerns about the quality of discourse on social media, La Vanguardia, one of Spain’s leading newspapers, has announced its decision to cease posting on X, previously known as Twitter. This action reaffirms an ongoing…
British Tech Companies Explore Indian Opportunities
On November 18-19, 2024, the United Kingdom will host its inaugural trade delegation aimed specifically at exploring the evolving landscapes of artificial intelligence (AI) and semiconductor technology in Kolkata, India. This mission, encompassing 17 leading British tech organizations, signifies more…
Digital Ethiopia 2025: Enhancing Public Services through Government Partnership
Ethiopia stands on the brink of a transformative digital evolution with the Digital Ethiopia 2025 initiative. This ambitious plan is designed to reshape the nation into a comprehensive digital society by next year, with the Fayda digital ID system playing…
Morgan Stanley Predicts 31% Upside for Zomato Amidst Quick Commerce Growth
Morgan Stanley has recently revised its target price for Zomato, bullishly predicting a potential 31.7% upside, lifting its estimate to Rs 355 per share from the previous Rs 278. This positive outlook stems from Zomato’s strong execution in the food…
### Amnesty International Raises Alarm Over AI-Driven Discrimination in Danish Welfare System
Amnesty International has sounded the alarm regarding the Danish welfare authority, Udbetaling Danmark (UDK), and its partnership with Arbejdsmarkedets Tillægspension (ATP) for using artificial intelligence tools to detect fraud in social benefits. A new report titled “Coded Injustice: Surveillance and…
# Alibaba Misses Quarterly Revenue Estimates, Weighed Down by Consumer Practices
In a challenging environment for e-commerce, Alibaba has failed to meet analysts’ expectations for its recent quarterly earnings, highlighting the shifting dynamics in Chinese consumer behavior. The Chinese retail titan reported a revenue of 236.5 billion yuan (approximately $32.72 billion)…
Kolkata's Gariahat Market Enters the Digital Age with Doorstep Delivery
In a significant shift toward the digital landscape, hawkers in Kolkata’s vibrant Gariahat market are innovating to remain competitive against the backdrop of rising e-commerce. Facing declining sales and the inevitability of online shopping, these local vendors are launching a…
